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Forecasts usually tell us more of the forecaster than of the forecast

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Forecasts
Usually
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Forecaster
Forecast

More quotes by Warren Buffett

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Look for companies with high profit margins.
Warren Buffett
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Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.
Warren Buffett
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I'll bring my tax returns you bring yours. I'll meet you anytime anywhere.
Warren Buffett
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What the wise do in the beginning, fools do in the end.
Warren Buffett
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Only when you combine sound intellect with emotional discipline do you get rational behavior.
Warren Buffett
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Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.
Warren Buffett
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Always invest for the long term.
Warren Buffett
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Charlie and I have a number of filters that things have to get through before we'll think about them.
Warren Buffett
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Investing is forgoing consumption now in order to have the ability to consume more at a later date.
Warren Buffett
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Our future rates of gain will fall far short of those achieved in the past. Berkshire's capital base is now simply too large to allow us to earn truly outsized returns. If you believe otherwise, you should consider a career in sales but avoid one in mathematics.
Warren Buffett
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For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.
Warren Buffett
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As far as you are concerned, the stock market does not exist. Ignore it.
Warren Buffett
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I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.
Warren Buffett
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I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.
Warren Buffett
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Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you're still around to play the next day.
Warren Buffett
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I would say that life at 84, I am having as much fun as I've ever had in my life. I mean I get to do what I love every day with the people I love-and it just doesn't get any better than that.
Warren Buffett
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With a wonderful business, you can figure out what will happen you can't figure out when it will happen. You don't want to focus on when, you want to focus on what. If you're right about what, you don't have to worry about when
Warren Buffett
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Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them.
Warren Buffett
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The American economy is going to do fine. But it won't do fine every year and every week and every month. I mean, if you don't believe that, forget about buying stocks anyway... It's a positive-sum game, long term. And the only way an investor can get killed is by high fees or by trying to outsmart the market.
Warren Buffett
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A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you can trust.
Warren Buffett